Resource Center for VRS Employers: Defined Contribution Plans

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Financial Planning Services

VRS and MissionSquare Retirement invite all members and retirees to connect with a CERTIFIED FINANCIAL PLANNER  professional to help with your comprehensive financial planning needs. Schedule a one-on-one consultation for personalized guidance or attend a live webinar with our CFP® professionals on a variety of financial topics.

Participation in a VRS Defined Contribution Plan is not required to take advantage of these services.

Meet with a CFP® Professional

Sign up for a free consultation focused on your entire household with a comprehensive view of your financial situation and your family’s overall financial wellness.

You may include your spouse or loved one in the conversation. Topics often include:

  • Debt reduction
  • Budgeting help
  • Saving for education
  • Protecting your loved ones
  • Optimizing Social Security benefits
  • Estate planning

Please take a moment to prepare for your appointment.

  • Jot down questions and think about your goals for the meeting.
  • If you request a full financial plan (available at an additional cost), bring your VRS Member Benefit Profile (your annual benefits statement available in myVRS) for a more holistic view of your future. Financial plans require several discussions (two to four planning hours, approximately five to six weeks to complete a full financial plan).

Schedule a free 30-minute CFP® consultation

Meet the team

Not sure if you need to meet with a CFP® professional or have other questions? Learn more

Attend a Live Financial Planning Webinar

Sign up for free webinars with CFP® professionals to help meet your education needs as you journey, to and through, retirement. Topics include:

  • Spending habits
  • Investing do’s and don’ts
  • Women and money
  • Financial planning
  • College planning
  • Retirement income planning

Do I need a CFP® professional?

Our CERTIFIED FINANCIAL PLANNER professionals work together with your local DC Plans Specialist and your VRS Member Counseling Center to help you plan for the future you envision.

Contact the right team member for your needs.

Team members My role Topics I often assist with

Schedule a free 30-minute CFP® consultation

I help with your financial questions and situations including paying down debt, creating a budget, saving for education, starting an estate plan or determining when to take Social Security. Financial plans are available (these require a lengthier discussion.
  • Retirement income planning
  • Social Security
  • Emergency saving and budgeting
  • Investing diversification
  • Mortgages and home financing
  • Student loans
DC Plans Specialists

Find your local DC Plans Specialist

I help with your Defined Contribution Plan (DCP)* retirement questions including enrolling in your eligible plan, understanding investment options, increasing contributions and accessing plan resources.
  • DCP* questions
  • Saving more for retirement
  • DCP* investments
  • Roth contributions
  • Consolidating assets
  • Distributions and managing withdraws

VRS Member Counseling Center

Plan 1 & 2 members

Hybrid members

I help with your VRS benefit and pension questions.
  • VRS benefits
  • VaLORS pension information and questions
  • Hazardous duty supplement

Financial Planning Services and Costs

DCP* account balance is 30-minute one-on-one consultation with a CFP® professional Virtual seminars led by a CFP® professional Financial plan with with a CFP® professional
Less than $100k, or you do not have a DCP account no cost no cost $175 per financial plan
Greater than $100k no cost no cost no cost

*VRS Defined Contribution Plan (DCP) accounts include:

  • Commonwealth of Virginia 457 Deferred Compensation Plan
  • Virginia Cash Match Plan 401(a)
  • Hybrid Retirement Plan
  • ORP for Political Appointees
  • ORP for School Superintendents
  • ORP for Higher Education (MissionSquare Retirement is the record keeper)
  • Virginia Supplemental Retirement Plan
Account Access
Defined Contribution Log-in:

    MyVRS Financial Wellness

    Gain knowledge, reduce stress and build confidence in the future. Self-paced and easy to use, myVRS Financial Wellness tools are designed with your needs in mind. Get started today.